Shulou(Shulou.com)11/24 Report--

CTOnews.com February 3 news, Apple CEO Tim Cook (Tim Cook) in today's earnings call, said that very "optimistic about the development in India" (very bullish on India).

Apple will boost its retail and manufacturing operations in India. On the retail side, India's first Apple Store is about to open, while in manufacturing, it will continue to drive exports of products such as iPhone.

Cook said, "I am very optimistic about India," and said that during the COVID-19 epidemic, Apple's business in India has developed rapidly and achieved good results in all aspects. Cook said Apple will continue to increase its investment in the Indian market in the future.

CTOnews.com learned that Apple began to increase its retail efforts in India in 2020, expanding its official online Apple Store. Apple is preparing to open its first retail store in India this year and will open more stores in Mumbai and New Delhi, with information expected to be announced in the coming months.

In terms of manufacturing business, Apple supplier Jabil Inc. The start of manufacturing parts for AirPods in India marks an important step for the US technology giant in expanding its production plans in India.

According to the latest export data, Apple became the first Indian company in December to exceed the milestone of $1 billion (currently about 6.78 billion yuan, 81 billion rupees) in smartphone exports in a single month. the company just overtook Samsung to become India's largest smartphone exporter in November last year.

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